Download or read book Regional Integration and Foreign Direct Investment written by Magnus Blomstrom and published by . This book was released on 2016 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: How regional investment agreements affect the flows of foreign direct investment depends on location, the competitiveness of local firms, the motives for investment, and how the agreement affects the policy environment.Blomstrouml;m and Kokko discuss how regional investment agreements may affect the inward and outward flows of foreign direct investments in the integrating region. After describing the multidimensional character of the issue, they provide a conceptual framework for analysis as well as three case studies focused on different kinds of regional integration:North-North integration (Canada joining the CUSFTA).North-South integration (Mexico`s accession to the NAFTA).South-South integration (MERCOSUR).They conclude that the response to an integration agreement will, in each case, depend on the environmental change brought about by the regional investment agreements, the locational advantage of the country or region, the competitiveness of local firms in the integrating region, and the motives for foreign direct investment in and by the country or region in question.The creation of the Canada-U.S. Free Trade Agreement (CUSFTA), for example, had relatively little influence on direct investment patterns in Canada, since much of the trade between Canada and the United States had been liberalized long before the CUSFTA was established. By contrast, the Mexican accession to the NAFTA brought about significant policy changes, which help to explain foreign multinationals' increasing interest in the country. Similarly, the establishment of the MERCOSUR Common Market is likely to significantly affect the region's policy environment, which suggests that it may have a notable (although varying) impact on foreign direct investment in the four member countries.This paper - a product of the International Trade Division, International Economics Department - is part of a larger effort in the department to study regionalism and development.
Download or read book Regional Integration and Foreign Direct Investment A Conceptual Framework and Three Cases written by Magnus Blomström and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: April 1997 How regional investment agreements affect the flows of foreign direct investment depends on location, the competitiveness of local firms, the motives for investment, and how the agreement affects the policy environment. Blomström and Kokko discuss how regional investment agreements may affect the inward and outward flows of foreign direct investments in the integrating region. After describing the multidimensional character of the issue, they provide a conceptual framework for analysis as well as three case studies focused on different kinds of regional integration: * North-North integration (Canada joining the CUSFTA). * North-South integration (Mexico's accession to the NAFTA). * South-South integration (MERCOSUR). They conclude that the response to an integration agreement will, in each case, depend on the environmental change brought about by the regional investment agreements, the locational advantage of the country or region, the competitiveness of local firms in the integrating region, and the motives for foreign direct investment in and by the country or region in question. The creation of the Canada-U.S. Free Trade Agreement (CUSFTA), for example, had relatively little influence on direct investment patterns in Canada, since much of the trade between Canada and the United States had been liberalized long before the CUSFTA was established. By contrast, the Mexican accession to the NAFTA brought about significant policy changes, which help to explain foreign multinationals' increasing interest in the country. Similarly, the establishment of the MERCOSUR Common Market is likely to significantly affect the region's policy environment, which suggests that it may have a notable (although varying) impact on foreign direct investment in the four member countries. This paper - a product of the International Trade Division, International Economics Department - is part of a larger effort in the department to study regionalism and development.
Download or read book Regional Integration and Foreign Direct Investment written by Centre for Economic Policy Research (Great Britain) and published by World Bank Publications. This book was released on 1997 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional integration and foreing direct investment a conceptual framework and three cases written by Magnus Blomstrom and published by . This book was released on 1997 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Integration and Foreign Direct Investment written by Koichi Ohno and published by . This book was released on 1994 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Integration and Foreign Direct Investment written by Hernan Vallejo and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document explores the determinants of foreign direct investment. In particular, it considers the effect that the preferential trade agreements have had over FDI flows in Latin America, after controlling for a series of structural, institutional, political and infrastructure variables. The paper gives special attention to the impact of preferential trade agreements on diverting and creating FDI. A panel data analysis is undertaken using a gravity model with FDI data from OECD and ECLAC covering the 1980-1998 period.
Download or read book Regional Integration Foreign Direct Investment and Income Convergence written by Nadine A. Morris and published by . This book was released on 2008 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Policy of the European Union Towards Latin American Southern Cone States 1980 2000 written by Andrea Ribeiro Hoffmann and published by Peter Lang Publishing. This book was released on 2004-01 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study addresses the question of whether or not the EU's foreign policy towards Latin American Southern Cone States (Argentina, Brazil, Paraguay and Urguay, which created, in 1991, the Southern Cone Common Market - MERCOSUR) has become more cooperative since the mid-to-end 1980s, and why a change, if any, has occurred. It explores recurrent explanatory factors pointed out in the literature (EU's intention to balance the US hegemony, accession of Portugal and Spain to the EU, and the processes of democratization, economic liberalization, and regional integration taking place in the Southern Cone States) in two case studies, foreign direct investment and agricultural trade. The conceptual framework includes hypotheses derived from three theoretical approaches in the discipline of International Relations: Neorealism, Utilitarian Liberalism, and Identity-Constructivism.
Download or read book Foreign Direct Investment in Latin America and the Caribbean 2021 written by UNITED NATIONS ECONOMIC COMMISSION FOR LATIN AMERICA AND THE. CARIBBEAN and published by . This book was released on 2021-11 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document examines the global and regional evolution of Foreign Direct Investment (FDI) and offers recommendations so these flows can contribute to the region's productive development processes.
Download or read book Foreign Direct Investment in Latin America and the Caribbean 2010 written by United Nations and published by UN. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2010, the Latin American and Caribbean region showed great resilience to the international financial crisis and became the world region with the fastest-growing flows of both inward and outward foreign direct investment (FDI). The upswing in FDI in the region has occurred in a context in which developing countries in general have taken on a greater share in both inward and outward FDI flows. This briefing paper is divided into five sections. The first offers a regional overview of FDI in 2010. The second examines FDI trends in Central America, Panama and the Dominican Republic. The third describes the presence China is beginning to build up as an investor in the region. Lastly, the fourth and fifth sections analyze the main foreign investments and business strategies in the telecommunications and software sectors, respectively.
Download or read book Development Centre Studies Regional Integration FDI and Competitiveness in Southern Africa written by Goldstein Andrea and published by OECD Publishing. This book was released on 2004-10-15 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: By analysing investment flows and examining the role of foreign direct investment in key industries, this book examines why Southern Africa has not become a magnet for FDI and what it needs to do to attract more investment.
Download or read book Regional Integration Economic Development and Global Governance written by Ulrich Volz and published by Edward Elgar Publishing. This book was released on 2011 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores a central issue of the world economy today: the role of regional integration for economic development and global governance. The importance of this issue comes from the fact that the globalisation process that we have been experiencing in recent decades is also a process of open regionalism. [¿] To what extent does this process contribute to development? The reader will find many interesting answers to this question in the book, [which] is an outstanding contribution to this debate. I welcome its publication and look forward to its influence on global debates on the relations between regional integration, development and global governance.' - From the foreword by José Antonio Ocampo, Columbia University, US The contributors expertly provide a comparative perspective on regional integration in different regions of the world while at the same time analysing the various facets of integration, relating to trade, FDI, finance and monetary policies. They provide a comprehensive treatment of the subject and offer new perspectives on the potential developmental effects of regional integration and the implications of regional integration for global economic governance. Whilst highlighting and illustrating the potential benefits deriving from regional economic integration, the book also stresses the problems and challenges regional integration processes are usually confronted with.
Download or read book USITC Publication written by and published by . This book was released on 1998 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Integration and Development written by Maurice W. Schiff and published by World Bank Publications. This book was released on 2003 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text examines regionalism from the perspective of developing countries. It presents a comprehensive account of existing theory and empirical results and incorporates the findings of formal analyses ofthe politics and dynamics of regionalism.
Download or read book Regional Integration as Diplomacy written by Maurice W. Schiff and published by World Bank Publications. This book was released on 1999 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: August 1997 This paper explores a world in which regional trade agreements help reduce security tensions between neighbors. Regional integration agreements (RIAs) are examples of second best and have an ambiguous impact on welfare, contend Schiff and Winters. They build a model in which RIAs unambiguously raise welfare by correcting for externalities. It assumes that trade between neighboring countries increases trust between them and reduces the likelihood of conflict. The optimum intervention in that case is a subsidy on imports from the neighbor. The authors show that an equivalent solution is for the neighboring countries to tax imports from the rest of the world- is, to form an RIA- with imposing some domestic taxes. In fact, security threats have moved neighboring countries to form RIAs. Examples include the creation of the European Coal and Steel Community (1951) and the European Economic Community (1957) to reduce the threat of war in Europe, as well as various RIAs among developing countries. Schiff and Winters show, among other things, that: * The optimum tariffs on imports from the rest of the world are likely to decline over time. * Deep integration implies lower optimum external tariffs if it is exogenous. * But if deep integration is endogenous, it implies higher optimum external tariffs before it occurs and lower ones thereafter. * Enlargement of a bloc (in terms of symmetric countries) has an ambiguous impact on external tariffs but improves welfare, and some form of domino effect exists in the sense that enlargement increases the incentive for nonmembers to seek accession. Although externalities associated with security matters imply that an RIA may maximize welfare, this model suggests that the RIA is a transitory arrangement in the sense that optimum trade preferences are highest at the time the RIA is formed (when security is low) and tend to decline over time. In other words, the RIA's external trade policy becomes increasingly open over time (as well as following deep integration). This paper-a product of the Development Research Group-is part of a larger research program on regionalism and development (directed by the authors).
Download or read book Making Foreign Direct Investment Work for Sub Saharan Africa written by Thomas Farole and published by World Bank Publications. This book was released on 2014-01-13 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the results of a groundbreaking study on ‘spillovers’ of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.
Download or read book Foreign Direct Investment written by I. Moosa and published by Springer. This book was released on 2002-01-29 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign direct investment is an important issue that has attracted the attention of academic and professional economists as well as politicians and policy makers. In Foreign Direct Investment , Imad A. Moosa presents a survey of the vast body of literature and ideas relating to foreign direct investment that will be invaluable as a reference work for all these groups. He provides concise definition and analysis of the theories behind foreign direct investment, and considers factors affecting its implementation. The impact of foreign direct investment on economic development, host countries and the growth of multinationals, together with methods for evaluating foreign direct investment projects are discussed. The book is based on the experiences of and the empirical evidence pertaining to foreign direct investment in a large number of countries, and includes case studies on specific projects.
